Today's Fresh Blogs...

The "why", "i", "my" operators are unnecessary.

• GayGamer.Net Taken Offline After Coordinated Hate Attacks

  Published: August 6, 2007, 11:07 am

  Tags: Games Industry, Cacophony, Couple Minutes, Demarco, Denial Of Service, Denial Of Service Attacks, Forum Postings, Game Coverage, Game Site, Gaygamer, Gaymer, Godaddy, Halo Multiplayer, Hate Speech, Kotaku, Multiplayer Session, Safe Havens, Taken Offline, Virtual Worlds, Wee

  inclusion into the industry and we hope to hear their voice back in the cacophony of these internets soon. Via Joystiq ---Related Articles at Gaming Today:Shadowrun: The Most Fun I've Had Since HaloGame Publishers Share Love in Print, Hate in PersonGTA IV Trailer Is Out. Go Check Out More of the Same.Smash Bros. Dojo Update:

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• What does the A in NAR really stand for?

  Published: August 15, 2007, 4:43 pm

  Tags: Economy, Why I Hate My Industry, Real Estate Musings, Existing Home Sales, Housing Market, Lawrence Yun, Nar, National Association Of Realtors

  to the “Why I hate My Industry” section of Blown Mortgage. Share At:

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• MAX FEES - This One's for You

  Published: September 30, 2007, 11:02 pm

  Tags: Why I Hate My Industry, Max Fees, Why I Hate My Industry

  by people in the mortgage industry. It is the definition of all that I hate in the mortgage industry. Whoever is driving around with that license plate, MAX FEES, can’t call themselves a professional; unless they consider themselves a professional rip-off artist. What a joke. Seeing that car on the freeway made me furious that there

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• More Fun with Loan Officer License Plates

  Published: October 29, 2007, 8:03 pm

  Tags: Why I Hate My Industry

  After my MAX FEES encounter I’ve had my eye out for more loan-related license plates. There have been plenty, but I’ve had a hard time capturing them for one reason or another. Well, I finally got one worth sharing. I think that many of these license plates will end up like bad tattoos - they somehow seemed like a good idea at the

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• No Experience, No License? No Problem!

  Published: November 8, 2007, 1:07 pm

  Tags: Why I Hate My Industry, Why I Hate My Industry

  of what went wrong in this industry look no further than the video below. No license, no experience, $100K + yearly income, no problem! The promise of fast, easy money lured anyone with a pulse in to the industry and didn’t help make matters any better as banks unleashed a long line of consumer unfriendly mortgage products that were

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• California Seeks to Revoke Quick Loan Sadek's License

  Published: November 10, 2007, 1:49 pm

  Tags: Why I Hate My Industry, Mortgage News Insight, Daniel Sadek, Doc, Gambling, Mortgage Reed, Qlf, Quick Loan Funding, Subprime Mortgage

  before in our “Why I Hate My Industry” section, shows the high-class that has him so highly regarded in the industry when he told reporters seeking comment: Why don't you get a (expletive) life and don't call me again? If there is a poster-child of the rampant greed that fueled the current mortgage market crisis Sadek is it.

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• Cutting LTVs is coming to a market near you!

  Published: November 21, 2007, 5:30 am

  Tags: Why I Hate My Industry, Consumer Mortgage Tips

  Hello–Chris Johnson here, and for my first post, let’s talk a little bit about musical chairs. The phrase “Declining markets,” are going to become more and more important. Banks are being burned by the lack of appreciation in Midwestern areas like Indiana, Ohio, and Michigan, and imploded areas like Nevada and Florida.

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• Uncle Angelo Ruined by TheStreet.com

  Published: November 28, 2007, 11:44 pm

  Tags: Why I Hate My Industry, Random Thoughts, Countrywide, Mortgage Debt, Mortgage Mess, Subprime Arms, Subprime Mortgages

  Big hat tip to Keith at Housing Panic, if you’re not reading that every day you’re missing a major part of the story. This is hilarious. The fact that it was created by TheStreet.com is amazing. Enjoy. Share This

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• Getting Consumer Trust Back

  Published: November 29, 2007, 7:30 am

  Tags: Credit, Economy, Why I Hate My Industry, Consumer Mortgage Tips, 2 0, Conusumers, Insinuate, Lowest Common Denominator, Realtors, Used Car Salesman

  firsr dose of impassioned hate mail, that.”What am I supposed to do, starve?” we’re asked. “A Realtor is just gonna send their business elsewhere if I can’t close this deal.” Oh, no! There’s not another deal to be had, anywhere! If that particular agent (who should be ashamed of himself for

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• Monday's Blame Game: Dirty, Dirty AEs.

  Published: December 3, 2007, 7:30 am

  Tags: Why I Hate My Industry, Marketing, Mortgage Musings, Industry Mortgage Tips

  Dirty, Dirty A.Es. Part of the problem that puts us where we are today is the way mortgages are sold. The process creates a ton of perverse incentives that cause an overall degrading of credit risk across the spectrum. Wholesalers bop into mortgage companies and talk about program highlights. They employ Account Executives (AEs) to

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• What Will Sales Monkeys Do?

  Published: December 6, 2007, 11:11 am

  Tags: Job Search, Credit, Why I Hate My Industry

  An average loan officer from 2000-2006 got a pile of leads on their chair every week. These were generated by telemarketing leads, Internet leads and even those “win a Car” displays in the malls of the Midwest. The loan officer would call the people up, and try to “slam dunk,” the customers into various loans of

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• Monday Blame Game: Mortgage Lead Scumbags

  Published: December 10, 2007, 7:00 am

  Tags: Credit, Economy, Why I Hate My Industry, Telemarketing Operations Meth Addiction Boiler Room Brokerage Fees Ship Loads Local Realtors Financial Equivalent Dubious Quality Mortgage Brokers Mortgage Broker Free Mortgage Middlemen Food Companies Scarcity Faxes

  and permanently exit the industry. You’ve received stolen information, permitted the credit bureaus to cannibalize our industry by profiting from a scuzzy, repugnant and sick business practice. Please leave the industry now, and go back to selling vinyl products to senior citizens. Chris Johnson points the finger at someone new each

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• Okay, this is just wrong .

  Published: December 14, 2007, 12:00 pm

  Tags: Why I Hate My Industry, Consumer Mortgage Tips

  396%? How can someone who does something like that sleep at night? Check out the story here…… I know it’s not actually mortgages, but it’s finance/lending related and it’s nasty. Share This

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• Why let a $2 billion quarterly loss ruin the holiday cheer?

  Published: December 14, 2007, 11:39 am

  Tags: Why I Hate My Industry, Mortgage Musings, Freddie Mac, Government Pork, Holiday Parties, Insanity

  Freddie Mac, one of the two Government Sponsored Entities (remember this part) that buy conforming residential mortgages, apparently didn’t let a $2 billion quarterly loss and 50% cut in its dividend to shareholders ruin the holiday spirit. The big GSE kept the mood high with employees and families this year with their family holiday event

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• Predicting Rates: The Newest Vegas Tablegame

  Published: January 25, 2008, 2:38 pm

  Tags: Why I Hate My Industry, Mortgage Musings

  aren’t involved in the industry at all. If I knew as much about my potential borrowers jobs as they knew about mine, I would be a qualified auto-mechanic, doctor, lawyer and geologist all at the same time! That mortgage arrogance, as I would like to deem it, is certainly part of the problem. However, there is a greater problem which is

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